• Have any questions?
  • +91-9828671065
  • support@helpinhomework.org
trustpilot ratings
google ratings


Homework answers / question archive / 1

1

Statistics

1. Ophelia O'Brien, VP of Consumer Credit of American First Banks (AFB), monitors the default rate on personal loans at the AFB member banks. One of her standard's is "no more than 5% of personal loans should be in default." On each Friday, the default rate is calculated for a sample of 500 personal loans. Last Friday's sample contained 38 defaulted loans. Using alpha = 0.10, the appropriate decision is _______.

a) do not reject the null hypothesis
b) reject the null hypothesis
c) reduce the sample size
d) increase the sample size

2. If x is uniformly distributed over the interval 20 to 30, inclusively (20 x 30), then the mean of this distribution is __________________.
a) 25
b) 5
c) 10
d) 50

Fill The Details Below To Receive Instant

HOMEWORK HELP

EST
USD
Please upload other supplement files here if available.

Your question has been submitted. If you do not receive email confirmation, please contact us via email or whatsapp +91-9828671065.

GET ANSWER TO THIS QUESTION

100% UNIQUE SOLUTION WITHIN FEW HOURS


GET ANSWER